Danish bank with 90% weak property exposures transferred to state wind-down agency
Max Bank A/S · Regional bank
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Collateral & double pledge
Property valuations against loan balances would show falling collateral cover.
Can mislead when: Pledges made off the registries stay invisible, and vague invoice descriptions are hard to match.
Governance signals
Credit risk records would show deficient identification and assessment of risks.
Can mislead when: Private companies file late, so these signals are lagging. Kubr uses them to support other flags, not to prove anything alone.
Unit economics & burn
Solvency tracking would show capital falling short of the 18% requirement.
Can mislead when: Cost allocation is a judgement call. Kubr shows its assumptions and lets the user change them.
Where Kubr services would have helped
Valuation context
Offered in India- C9 Solvency tracking would show capital falling short of the 18% requirement.
- C11 Credit risk records would show deficient identification and assessment of risks.
Verified Snapshot
Offered in India- C11 Credit risk records would show deficient identification and assessment of risks.
- C13 Property valuations against loan balances would show falling collateral cover.
Legal diligence support
Offered in India- C11 Credit risk records would show deficient identification and assessment of risks.
- C13 Property valuations against loan balances would show falling collateral cover.
Portfolio monitor
Offered in India- C11 Credit risk records would show deficient identification and assessment of risks.
- C13 Property valuations against loan balances would show falling collateral cover.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.